Indian businessmen eye RI opportunity<\/p>\n
The Jakarta Post, Jakarta<\/p>\n
The huge potential market in Indonesia has prompted several
\nIndian businessmen to look seriously at business opportunities,
\nby exporting their products as well as opening representative
\noffices here.<\/p>\n
\"Indonesia is a potential market for our company,\" said Bharat
\nEarth Movers Limited (BEML) assistant manager, TU Vasagam, on the
\nsidelines of the four-day India engineering expo -- Indiatech
\n2005 -- at the Jakarta Convention Center on Thursday.<\/p>\n
The company, which produces heavy equipment, has planned to
\nopen a representative office here to expand.<\/p>\n
\"So far, we have exported our products to 32 countries in
\nEurope, South America and Africa,\" he said.<\/p>\n
Vasagam said the company had sold heavy equipment to Indonesia
\nback in the 1980s and 1990s. \"We are now aiming at expanding the
\nmarket here.\"<\/p>\n
Meanwhile, Rama Home Need Pvt Ltd, a water purifier producer,
\nalso hopes to open an office while studying the possibility of
\nhave a manufacturing plant here.<\/p>\n
\"We have been exporting our products to the UK, the U.S,
\nGermany and South Africa,\" said managing director KR
\nBalachandran. \"Since this product is new to the local market, we
\nare looking forward to opening our own manufacturing plant here.\"<\/p>\n
Another expo participant Sagas Autotec, meanwhile, plans to
\nmarket conversion kits for liquefied petroleum gas (LPG) and
\ncompressed natural gas (CNG) to Indonesia.<\/p>\n
\"Our product is suitable for three-wheelers,\" said company's
\nsenior executive Anantha Murthy. \"We have been supplying our
\nproduct to the Bajaj company. Domestically, we sell 2,500 units
\nof conversion kits per month.\"<\/p>\n
The company has exported its products to South American
\ncountries, Sri Lanka and Bangladesh in the past three years.<\/p>\n
In several cities in Indonesia, people still use bajaj (three-
\nwheeled motorized taxi) and bemo (three-wheeled motorized vans)
\nas land transportation modes. Both vehicles have been blamed for
\ncausing pollution and the Jakarta administration has been phasing
\nout the vehicles to replace them with a cleaner vehicle.<\/p>\n
\"Since the use of CNG has been slowing down in India, we are
\neying the Indonesian market due to the people's increasing
\nconcern for environmentally friendly technology,\" Anantha said.
\n(003\/004)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/indian-businessmen-eye-ri-opportunity-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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